Transnet

The Diaspora Investment Development Group (DIDG) and South Africa’s Transnet, is pressing ahead with revival of the National Railways of Zimbabwe (NRZ), amid indications that four more class-34 locomotives will be delivered in the near…
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The revival of the National Railways of Zimbabwe (NRZ) is expected to help Hwange Colliery Company Limited overcome the high costs of transporting coal by road, the company said in its results ending December 2017, released on Thursday.
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"A SLEEPING giant has finally woken up". Those were the words of Mr Larry Mavima, the board chairman of the National Railways of Zimbabwe (NRZ), a strategic enabler in the economy that had been reduced to a pale shadow of its former glory.
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A Total of 108 wagons and seven locomotives that were acquired from South Africa as part of the resuscitation of the National Railways of Zimbabwe (NRZ) have arrived in the country through Beitbridge border post.Their arrival is part of a…
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The National Railways of Zimbabwe (NRZ)’s $400 million deal with a consortium led by the Diaspora Infrastructure Development Group (DIDG) and South Africa’s Transnet is now back on the rails after Cabinet gave a nod to the proposed tie-up.
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CABINET ministers took their fight over the $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal to Zimbabwe’s bilateral economic talks with South Africa early this month, amid indications businessman Enock Kamushinda is…
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The US$400 million deal between the National Railways of Zimbabwe (NRZ) and DIDG/Transnet is effectively dead and buried and Government might soon re-tender the project, a Cabinet minister has revealed.
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The $400 million deal to recapitalise the National Railways of Zimbabwe has been thrown into jeopardy, after rival suitors for the parastatal, fronted by Cabinet ministers, launched a last-minute bid to abort the transaction.
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The revival of the National Railways of Zimbabwe will help boost the country’s ailing economy through increased traffic, Diaspora Infrastructure Development Group (DIDG) has said.
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Government has awarded the tender for the $400 million recapitalisation of the National Railways of Zimbabwe (NRZ) to South Africa’s Transnet, which is partnering a consortium of non-resident Zimbabweans in the project.
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